Consider the Following Portfolio of Assets

Multiple Choice

Consider the following portfolio of assets:

What is the variance of the portfolio (round to two decimals) ?

A) (0.45) ²(36.60%) + (0.55) ²(76.56%) + (0.45) (0.55) (-0.2) * (6.05%) (8.75%) = 27.95
B) (0.45) ²(36.60%) + (0.55) ²(76.56%) + 2(0.45) (0.55) (-0.2) * (6.05%) (8.75%) = 25.33
C) (0.45) (36.60%) + (0.55) (76.56%) + 2(0.45) ²(0.55)
D) (-.2) *(6.05%) (8.75%) = 57.28
E) (0.45) (36.60%) + (0.55) (76.56%) + 2(0.45) (0.55) (-0.2) * (6.05%) (8.75%) = 53.34